514-516 Davis

514 Davis Ave Endicott, NY 13760

514 Davis Ave, Endicott, NY, 13760
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$450,000
Last Verified:
Apr 29, 2024

Highlights

  • - 4,386 SF building with 7 units
  • - Ideal for multifamily/mid-rise investors
  • - Zoned USF for flexible use
  • - Located in a rapidly developing area, Endicott, NY.
  • - Strong potential for rental income
  • - Picturesque views.
  • - Spacious units for tenant comfort
  • - Proximity to amenities and transportation
  • - Prime investment opportunity in growing market

Description

This is an excellent 7 unit complex in Endicott, NY. This is an excellent location to benefit from developments in a rapidly developing area. This Multi Family property is situated directly across the street from Ideal Nursing Home. Overlooking the Susquehanna River and much of the valley. Residents enjoy picturesque views while being in a central location only minutes from the new IM3 Gigafactory, BAE Systems and the Huron Campus. This complex has 4, 1 Bed units, 1, 3 Bed Unit an 2 Studios.

This is an excellent location to benefit from developments in a rapidly developing area. This Multi Family property is situated directly across the street from Ideal Nursing Home. Overlooking the Susquehanna River and much of the valley. Residents enjoy picturesque views while being in a central location only minutes from the new IM3 Gigafactory, BAE Systems and the Huron Campus.


Year Built: 1960
Building Size: 4386sq ft
Lot Size: 0.17 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 514 Davis Ave, Endicott, NY, 13760

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.